Tagged: inventory

The Merriam-Webster dictionary defines a matrix as something within or from which something else originates, develops, or takes form. This is exactly how ChainDrive’s Product Management software utilizes the power module we call “the...

Your point of sale (POS) system is one of your retail chain’s most important assets. Optimizing it is essential. Here are seven good reasons you want to optimize your POS for better business. Integrate...

If you are a traditional retailer with several brick-and-mortar stores in your chain and you’re ready to go full steam into eCommerce, you might have some questions. One of those questions may be, “What’s...

It’s important, in the retail business, to be able to measure your progress to determine if your business is successful, profitable, and growing. But what exactly should you measure? Every retail business is different....

Operations management is one of the most important aspects of retail. You can have great customer service, outstanding merchandising practices, plenty of inventory, buyers who understand your market, and the best point of sale...

Many retail organizations have an intimate link between product and price. One particular product has a price range and the product never goes below the minimum or above maximum. Other retailers are more fluid...